Parents ready for extra half term outlay

Parents throughout the nation are quaking in their boots – because half-term is just around the corner.

An ideal opportunity to spend quality time with the kids, sure. But new statistics from Yorkshire Bank have revealed just how much is going to be splashed out on the country's offspring next week as they enjoy a timely spring break.

It seems that a £571.5 million – much of it undoubtedly not planned for - will be splashed out over the coming days on things with which to entertain the children, with items like DVDs, computer games and fast foods high on the agenda to stop the youth of today from twiddling their thumbs endlessly.

Nine in ten parents, according to the bank's survey, are willing to make this extra outlay in order to sate their demanding kids – although a good number are prepared to admit that their efforts may well prove futile.

As many as one in eleven concedes that, no matter what entertainments they lay in front of their children during half-term, the youngsters will have bored of them before the week is out.

Stephen Porter, Yorkshire Bank's senior marketing manager, warned against overstretching oneself financially, saying: "We're not saying don't treat the kids next week, but why not think about the longer term benefits and better ways for you to use the money where your children really will appreciate it more in the future."

The bank recommended several possible pursuits which could provide good, cheap, wholesome fun for the kids – including a pre-World Cup kickabout in the local park, a healthy bike ride or a rewarding rummage through the toy cupboard for long-forgotten pleasures.

Having the kids knocking around for an entire week is likely to provide an extra financial outlay whichever way you look at it, though – and maybe it's not one that you're fully prepared for, or perhaps you simply fancy treating the family to a short break or a few days out as a precursor to the summer ahead.

Either way, a payday loan could be ideal for occasions such as this – and, with My Payday Loan offering short-term cash of between £80 and £1,000, the possibilities are numerous.
When you request a cash advance, you can rest in the knowledge that it will be deposited into your account within the next 24 hours – and that not a penny needs to be repaid until your next pay cheque meaning you clear the loan when the kids are back at school and no longer spending your money!

Such an easy, transparent repayment plan – which will charge you no more than £25 for every £100 borrowed – is good reason enough to feel confident in having that little extra cash at your disposal for when the kids are around next week.

A short-term loan from My Payday Loan can also help buy you time for the future, perhaps topping up your funds while you consider ways to best save or use your money in the future in the vein suggested by Mr Porter .